Stocks close higher following rebound

Published Wednesday, March 14, 2001

NEW YORK -- Stocks closed higher on Wall Street Tuesday, a day after a tumultuous session that saw the Nasdaq composite index drop below 2,000 for the first time in two years and dropped another index into bear territory.

The Nasdaq closed up 91.40 at 2,014.78, recovering somewhat from Monday's 6.3 percent plunge. The Dow Jones industrial average, which was down for most of the day, rose 82.55 to 10,290.80, or less than 1 percent, in choppy trading. The Dow lost 436 points Monday in its fifth-worst point drop.